Kisan Credit Card to Fishermen and Cattle owners

Kisan Credit Card

Kisan Credit Card to Fishermen and Cattle owners

Kisan Credit Card was extended to fishermen and cattle owners. It will enable them to avail the easier
loans. It will help people associated with milk production business in rural areas by providing financial
assistance and also to fisheries.


Regional Rural Banks, Cooperative Banks and Public Sector Commercial Banks have implemented the Kisan
Credit Card scheme. Its primary objective is to provide easily attainable short term loans to farmers. The
scope of this unique facility also includes term loans for agriculture and other allied activities and is a
determining factor for consumption loan.

The scheme currently offers:

Credit to meet the financial requirements of agricultural and other allied activities.

Ancillary credit for crop production and other contingencies.

Insurance coverage for Kisan Credit Card holders.

National Crop Insurance scheme is offered to the Kisan credit cardholders, which provides
coverage for crop loans given under the KCC scheme for certain crops.

Protection is provided against loss of crops due to pest attacks, natural calamities, etc.

In some cases collateral security is to be provided. If the loan amount is above Rs. 100000/-, then
the cardholder has to pledge his land as mortgage and hypothecate the crops raised on it.

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